Are you in compliance?

The Man From FCPA

The Man From FCPA is a blog about enforcement of the Foreign Corrupt Practices Act and other anti-bribery statutes around the world, written primarily by Compliance Week columnist Tom Fox plus other occasional contributors. Fox is now an independent consultant assisting companies with FCPA and compliance issues, after many years as in-house counsel and outside counsel on anti-bribery and corruption issues. Fox also hosts a weekly podcast, “The FCPA Compliance and Ethics Report,” and writes an in-depth monthly column for Compliance Week as well.

The recent termination of six KPMG employees for receiving (and failing to report) improper advance information of PCAOB audits stands in stark contrast to actions taken after someone blew the whistle at Barclays Bank. A look at their responses is inside.

Barclays CEO James Staley is claiming ignorance, saying he didn’t know it was inappropriate to attempt to unmask the identity of an anonymous corporate whistleblower and is now facing the consequences.

A venture capitalist, a former United States federal prosecutor, and an Olympic gold medalist have formed a non-profit foundation, Fair Sport, to help mitigate risk for whistleblowers in the wide, wide world of sports.

Tom Foxexplores the recent case of JPMorgan Chase when an employee’s former manager added material to a terminated employee’s file post termination to beef up the excuses for the termination. Not a good sign, says Fox, and possibly a sign of an ineffective compliance program.